By Miho Uranaka and Sam Nussey TOKYO (Reuters) -Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its initial public offering, two people familiar with the matter said. They spoke on condition of anonymity ahead of Kioxia’s regulatory filing expected on Monday. The…
Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straight forward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be…
Alcohol Shipments in the DTC Space The liquor industry has experienced a transformative shift with the advent of eCommerce, profoundly impacting how manufacturers connect with consumers. Direct-to-consumer (DTC) shipping has emerged not just as a mere channel but as a strategic necessity, especially for spirit manufacturers. This evolution offers more than just convenience; it provides…
By Wayne Cole SYDNEY (Reuters) – The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen’s recent rebound was underpinned by wagers on rising rates at home. The dollar also drew some verbal support from U.S. President-elect Donald Trump…
The post Eco Data 12/2/24 appeared first on Action Forex. Source link
The major currency pairs are off and running….well walking…. with modest changes to start the new trading week. Versus the USD: EUR +0.06% JPY -0.08% GBP+0.03% CHF Unchanged CAD -0.08% AUD-0.05% NZD +0.03% Bitcoin closed on Friday at $97,512 and the digital currency is trading at $97,522 after reaching a high of $97,880 (today) and…
This week our currency strategists focused on the Australian CPI update and the RBNZ Monetary Policy Statement for potential high-quality setups. Out of the six scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Check out our review…
The AUDUSD market has been trading within a narrow price range for about 14 sessions. Yet, technical indicators aren’t showing much optimism. Despite the Friday session ending in the green, bearish effects were evident through some downward contractions. Key Price Levels: Resistance Levels: 0.6600, 0.6700, 0.6800 Support Levels: 0.6445, 0.6345, 0.6245 AUDUSD Bulls Encounter a…
There was a 2nd bite of the cherry with the EurJpy rally to 162 but the UsdJpy could not maintain 150 and so now there will be trapped longs in both pairs who will try to manage their positions Sunday night. All I will say is “how is that working out for them?” Now for those…
LOS ANGELES (Reuters) -“Moana 2,” a sequel to the 2016 animated film that reunites the wayfinding title character with demigod Maui, sailed to a Thanksgiving weekend record of $221 million in U.S. and Canadian ticket sales, distributor Walt Disney (NYSE:) said Sunday. Musical adaptation “Wicked,” from Comcast (NASDAQ:)’s Universal Pictures, brought in $117.5 million from…